1-bed · 794 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 23rd floor · completed 2013

2302, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 3 times, last in May 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 1.35M29 May 2017
Current rentAED 95K /yr29 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, 29 Burj Boulevard Tower 1

What is 2302 worth today?

Last sold for AED 1,350,000 in 2017

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29 Feb 2024RentedRenewal
AED 95,000/yr12 months · AED 119 per sqft
29 Feb 2024RentedRenewal
AED 85,000/yr12 months · AED 108 per sqft
1 Mar 2023RentedRenewal
AED 85,245/yr12 months · AED 107 per sqft
1 Mar 2022RentedRenewal
AED 72,000/yr12 months · AED 90 per sqft
1 Mar 2021RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
1 Mar 2020RentedRenewal
AED 75,000/yr12 months · AED 94 per sqft
1 Mar 2019RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
18 Sep 2017RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 29 February 2024.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
23rd of 42
Parking
B2-50
Developer
Emaar
Completed
2013
Service charge
AED 15,500 /yr
Last sold
AED 1.35M · May 2017

About 2302, 29 Burj Boulevard Tower 1

2302 is a one-bedroom apartment of 794 sqft on the 23rd floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 29 May 2017 for AED 1,350,000, or AED 1,701 per sqft, 5% below the AED 1,793 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 29 February 2024, is AED 95,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 15,500 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical one-bed in 29 Burj Boulevard Tower 1
1M2M2010201520202025Typical sale price by year: 2010 AED 1,523,888; 2011 AED 785,944; 2012 AED 1,220,000; 2013 AED 1,511,888; 2014 AED 1,642,507; 2015 AED 1,730,000; 2016 AED 1,350,000; 2017 AED 1,700,000; 2018 AED 1,368,550; 2019 AED 1,125,000; 2020 AED 1,000,000; 2021 AED 1,250,000; 2022 AED 1,500,000; 2023 AED 1,627,500; 2024 AED 1,780,000; 2025 AED 2,010,500; 2026 AED 2,000,000Sold by developer, June 2010: AED 1,564,888 (AED 1,971 per sqft)Sold, June 2014: AED 1,564,888 (AED 1,971 per sqft)Sold, May 2017: AED 1,350,000 (AED 1,701 per sqft)

2302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2302, each contractTypical one-bed in 29 Burj Boulevard Tower 1
75K100K2013201720212025Typical rent by year: 2013 AED 91,900; 2014 AED 110,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 74,150; 2022 AED 84,000; 2023 AED 100,000; 2024 AED 112,500; 2025 AED 115,000; 2026 AED 108,000New contract, November 2014: AED 105,000 a yearNew contract, September 2017: AED 95,000 a yearNew contract, March 2019: AED 85,000 a yearRenewal, March 2020: AED 75,000 a yearRenewal, March 2021: AED 60,000 a yearRenewal, March 2022: AED 72,000 a yearRenewal, March 2023: AED 85,245 a yearRenewal, February 2024: AED 95,000 a yearRenewal, February 2024: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in 29 Burj Boulevard Tower 1, and where 2302 sits

All 159 1-beds →

2302 last sold in May 2017 at AED 1,701 per sqft, 5% below what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,793). Over the last 12 months one-beds sold for AED 1,480,000 to 2,200,000, around AED 2,207 per sqft, and rent for AED 78,000 to 183,750 a year. 2302's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20262,000,000
4 Sep 20262,150,000
23 Jul 202638,023
10 Jul 20262,200,000
15 1-bed sales in the last 12 months

29 Burj Boulevard Tower 1

Building

319 apartments, studios to 3-bed over 42 floors in Downtown Dubai, completed in 2013 by Emaar. 30 sold in the last 12 months.

Typical price per sqft
AED 2,324 Down 4.3%
Typical sale
AED 2.18M
Typical rent
AED 120K /yr
Typical yield
5.7%
29 Burj Boulevard Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 23rd floor

All 319 units in 29 Burj Boulevard Tower 1
Value
23011-bedAED 1.95M · Apr 2026
2303StudioAED 900K · Apr 2019
23041-bedAED 1.13M · May 2019
23051-bedAED 1.98M · Apr 2014
23062-bedAED 1.6M · Nov 2020
23072-bedAED 2.56M · Nov 2013
23082-bedAED 2.78M · Sep 2014
1–7 of 8

2302, 29 Burj Boulevard Tower 1 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 1,564,888, last on 29 May 2017 for AED 1,350,000 (AED 1,701 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 95,000 by February 2024.
  • At AED 95,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 15,500 a year (AED 19.50 per sqft).
  • One-beds in 29 Burj Boulevard Tower 1 sold for AED 1,480,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,324 per sqft.

Source: Dubai Land Department. Updated 29 February 2024.

Questions about 2302, 29 Burj Boulevard Tower 1

What did unit 2302 last sell for?

AED 1,350,000 on 29 May 2017: AED 1,701 per sqft for 794 sqft. The unit has 3 registered sales; the first was AED 1,564,888 in June 2010.

What is the rent for unit 2302?

AED 95,000 a year on the contract renewed on 29 February 2024. The previous contract, from February 2024, was AED 85,000; the unit has been rented since November 2014.

How big is unit 2302?

794 sqft (73.8 sqm): a one-bedroom apartment on the 23rd floor of a 42-storey tower completed in 2013.

What is unit 2302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 29 Burj Boulevard Tower 1 sold for AED 1,480,000 to 2,200,000 in the last 12 months, around AED 2,207 per sqft.

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Mortgage on 2302, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.35M, 29 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →